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Need professional advice for your consent to let with Loughborough Building Society? There are various implications when it comes to letting out your property with an existing residential mortgage - you should seek professional assistance.

Loughborough Building Society Consent to Lease Example Support Desk Enquires

  • Exciting times as my partner and I plan to return to New Zealandin Month, possibly short-term but it could be longer term. I'm in the process of writing to Loughborough Building Society to obtain consent to let out our home in Loughborough Building Society. I have been with Loughborough Building Society for three years and I am up to date with payments. Loughborough Building Society inform me, that even if they consent to the letting, that this will be a temporary arrangement for one year. Do I then need to reapply?

  • Nine months ago my building society (not Loughborough Building Society) granted me with consent to let. The condition was that every half year they would levy a charge of 0.5% of the remaining mortgage amount. Having the first few payments they have omitted to make the charge in recent months. This may be no more than a simple error but I am nervous that it would also mean I no longer have Consent to Let.
  • My husband and I currently live in Dubai and renting out our apartment in Sutton. This is not something we planned but an opportunity arose and we took it. The rental income is not enough to cover the mortgage so we send back money each month to cover the shortfall. Last week our lender got in touch informing me that as the property is being let out and has been for almost three years we will have to pay 1.5% interest on top of our current mortgage rate. One option is to sell the flat but this will be far from easy as I am on the other side of the world. Could we remortgage with Loughborough Building Society and get consent to let?
  • I bought a garden flat in Camden eight months ago and have a 2 year fixed rate mortgage with Loughborough Building Society. Looking to move in with my other half next month and would like to lease out my property. Would like to be better informed as to the process.
  • Hi my partner and I own and live in 2 separate properties can I obtain consent to let from Loughborough Building Society and let my garden flat out if I move in with her?
  • Am I required to wait for consent to let to be given on my prevailing residential mortgage with Loughborough Building Society before applying for a resi mortgage on a new property?
  • I am already leasing out my property but may have sussed that I am not living there. I have four months remaining on my fixed rate. Is it simple to get consent to let from Loughborough Building Society. Is it just a five minute phone call, pay the charge and that's it?
  • Was wondering how to seek a consent to let from Loughborough Building Society who I have a mortgage with. There is an outstanding balance of 87k. The value of flat is 245k. Its in my name but my wife and I would like to purchase a one bedroom apartment in Redbridge we have seen together. How do we go about this?